ECON 201/203: Principles of Economics—Micro/Principles of Economics—Micro—Environmental issues: The emphasis is primarily micro. Topics covered include elasticity of supply and demand, market structures, prices and output determination, price and employment determination, comparative advantage, balance of payments, issues in international trade and finance.
ECON 202: Principles of Economics—Macro: An introductory treatment of the basic concepts, methodology, and analytical tools that relate to the operation of a modern economic system. The emphasis is primarily macro. Topics covered include supply and demand analysis, economic activities of government, national income accounting, employment theory, commercial banking, monetary and fiscal policy, and economic growth.
ECON 323: Intermediate Microeconomic Theory: A study of traditional price theory. The course emphasizes the development and use of tools that permit analysis of several different types of product and resource markets. A major theme is efficiency in resource allocation and major topics include demand theory, indifference curve analysis, derivation of costs, pricing behavior, and resource employment and prices. The course also integrates simple mathematical techniques with economic analysis.
CSCI 106: Computer Applications in Business: This course is designed to help students increase their understanding of computer systems and how we are affected by them in a business environment. The course will include an introduction to spreadsheets and spreadsheet programming, databases, presentation software, and Internet software with emphasis on using these applications to solve problems.
MATH 111/113: Introduction to Statistics: An introduction to statistical inference and sufficient probability theory for such an introduction. Topics include elementary data analysis, elementary probability, discrete and continuous random variables, distributions (including the normal distribution), correlation and regression, sampling distributions, point and interval estimation, confidence levels, and tests of significance. Students may not receive credit for successful completion of MATH 111 and 113. MATH 113 is a computer intensive version of MATH 111.
BUSN 213: Principles of Management: An introductory study of the basic management principles and functions as well as fundamental analytical management tools. The course examines the role of the manager and creates and awareness that any organization’s ability to perceive and adapt to change rests with its management. In this respect, a contingency view of management theory and practice will be presented. Not open to freshmen.
BUSN 221: Accounting I: An introduction to accounting practices and principles including preparation of financial statements from journals and ledgers. Students should plan to continue with BUSN 222 and should expect to complete many time-consuming homework assignments. Students should be able to prepare proper financial statements from accounting records. Not open to freshmen.
BUSN 222: Accounting II: A continuation of BUSN 221. Major topics include corporation organization and stockholders’ equity, corporation operations to include earnings per share and dividends, income taxes, and cost accounting systems. As in BUSN 221, primary focus is on theoretical concepts and the procedures for gathering, reporting, and analyzing business financial data. Not open to freshmen.
BUSN 321: Intermediate Accounting I: An intensive study of the generally accepted accounting principles for asset valuation, income measurement, financial statement presentation for business organizations, and the process through which these principles evolve.
BUSN 322: Intermediate Accounting II: A continuation of BUSN 321, with emphasis on accounting for the equities of a firm’s investors and creditors and the in-depth analysis of financial statements. Special problem areas in financial accounting include accounting for leases, pensions, and income taxes.
BUSN 336: Financial Management: An introduction to the major concepts and principles in corporation finance. Emphasis is placed on an analysis of the acquisition of funds from alternative sources and the allocation of those funds within an enterprise. Major topics include taxation, financial analysis and planning, working-capital management, capital budgeting and capital structure, and financial instruments and markets.
BUSN 362: Cost Accounting: A course that centers on managerial planning and control functions, mainly in the context of a manufacturing organization. The scope of the material covered includes cost accumulation methods; the reporting and departmentalization of factory overhead for product costing and cost control; the planning of sales, costs, and profits; and analytical techniques of budgeting.
BUSN 367: Auditing: A study of auditing standards and procedures. Major topics include professional auditing standards, audit reports, ethics, legal requirements, audit programs, working papers, and internal controls.
BUSN 372: Tax Accounting: A study of taxation with primary emphasis on the theory, structure, measurement, and significance of the federal income tax insofar as it affects the decision-making process of households and businesses. Attention is also paid to the development of tax planning techniques and to the issues surrounding tax compliance problems.
BUSN 385: Accounting Information Systems: An introduction to the subject of information system's role in accomplishing the objectives of financial accounting, managerial accounting, tax accounting and auditing. Includes an understanding of basic control structures for specific accounting cycles and computerized transaction processing systems. Analyzes controls for manual and computerized systems including database systems.
BUSN 421: Advanced Accounting: The study of complex financial accounting issues including business combinations consolidated financial statements, bankruptcies, and partnerships.
BUSN 452: Internship in Accounting: This course provides an opportunity for students to gain practical experience in the field of accounting by using the principles, concepts and methods covered in regular course offerings. The students will serve as interns in organizational settings where accounting practices and principles are routinely performed. Students must have completed BUSN 321 plus one accounting elective; have departmental approval, junior or senior status, and at least a 2.25 GPA.
BUSN 455: Directed Field Study: This course provides an opportunity for students to gain practical experience in the field of accounting by using the principles, concepts and methods covered in regular course offerings. The students will serve as interns in organizational settings where accounting practices and principles are routinely performed. Students must have completed BUSN 321 plus one accounting elective; have departmental approval, and junior or senior status.